Gillette India Reports 53% Jump in Profits

NEW DELHI: FMCG major Gillette India has reported a 53.83 per cent rise in its net profit at Rs 105.82 crore for the third quarter ended March 31, 2017.

Total income from operations was up 15.86 per cent at Rs 542.98 during the quarter under review, as against Rs 468.64 crore in the same period last year.

The company has benefited from portfolio optimisation, even as it continues to focus on productivity and cost efficiency, Gillette India said.